CRESCAT PORTFOLIO MANAGEMENT LLC enters TIMBERLINE RESOURCES CORP with 16.41M shares plus derivative instruments
Holding both equity and derivatives at entry signals strong long-term conviction in the company.
Direct Indirect Derivatives
Filed: 9/4/2020ACC: 0001288750-20-000004
10% Owner
Since Aug 2020
16.41M
Baseline shares
97% direct
16M
Direct ownership
1 position
16.36M
Derivative underlying
2 instruments
2
Security positions
413.64K indirect
Non-Derivative Holdings2
Common Stock
IndirectShares owned413.64K
Common Stock
DirectShares owned16M
Total
16M direct·413.64K indirect16.41M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 413.64K | Indirect |
| Common Stock | 16M | Direct |
| Total | 16.41M | 16M direct·413.64K indirect |
Derivative Holdings2
Series L Warrants
IndirectUnderlying security
Common Shares
Underlying shares
363.64K
Shares owned
N/A
Exercise price
0.2
Expiration
—
Exercise window
—
Series L Warrants
DirectUnderlying security
Common Shares
Underlying shares
16M
Shares owned
N/A
Exercise price
0.2
Expiration
—
Exercise window
—
Total
Underlying
16.36M
Owned
0.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Series L Warrants Indirect | Common Shares | 0.2 | — | — | 363.64K | N/A |
| Series L Warrants Direct | Common Shares | 0.2 | — | — | 16M | N/A |
| Total | 16.36M | 0.00 | ||||